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                    [ArticleID] => 172335
                    [Title] => PDIC stopped from selling Unitrust assets
                    [Summary] => The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. 


The temporary restraining order (TRO) will be in effect for 20 days starting on Aug. 14. 


The court also ordered the PDIC to refrain from awarding or accepting "the rehabilitation program of Philippine Bank of Communications (PBCom) without the requisite stockholders’ approval." 


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 171030
                    [Title] => Further delays in Unitrust rehabilitation seen
                    [Summary] => Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court.


At the same time, the Philippine Deposit Insurance Corp. (PDIC) will open bidding for the rehabilitation of the bank which was placed under receivership after Genta Ogami, its majority stakeholder, disappeared in the concrete jungle of Tokyo.


                    [DatePublished] => 2002-08-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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COSMOS JAPAN CO

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                    [ArticleID] => 172335
                    [Title] => PDIC stopped from selling Unitrust assets
                    [Summary] => The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. 


The temporary restraining order (TRO) will be in effect for 20 days starting on Aug. 14. 


The court also ordered the PDIC to refrain from awarding or accepting "the rehabilitation program of Philippine Bank of Communications (PBCom) without the requisite stockholders’ approval." 


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 171030
                    [Title] => Further delays in Unitrust rehabilitation seen
                    [Summary] => Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court.


At the same time, the Philippine Deposit Insurance Corp. (PDIC) will open bidding for the rehabilitation of the bank which was placed under receivership after Genta Ogami, its majority stakeholder, disappeared in the concrete jungle of Tokyo.


                    [DatePublished] => 2002-08-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

PDIC stopped from selling Unitrust assets

By Ted P. Torres | August 17, 2002 - 12:00am

The Makati Regional Trial Court has issued an order stopping the Philippine Deposit Insurance Corp. (PDIC) from selling the assets of Unitrust Development Bank. The temporary restraining order (TRO) will be in...

Business

Further delays in Unitrust rehabilitation seen

August 6, 2002 - 12:00am

Once more, the ugly head of the notorious temporary restraining order (TRO) and the court injunction is slowly emerging as the shareholders of controversial Unitrust Development Bank (Unitrust) has gone to court. At...

Banking